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20121224
20130101
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? >> harris: a lot of energy spent on all this going back and forth. in fact, leading republicans suggesting a great deal of time has been wasted on politics. >> that is precisely right. they note that the house republicans tried to address the issues this summer and voted to extend all of the bush tax cuts and voted on an alternative to the automatic spending cuts that are due to kick in in the new you year and today the top senate republican said why wasn't this addressed months ago? >> we wanted an agreement. but we had no takers. the phone never rang. and so now here we are five days from the new year and we might finally start talking. >> so clearly a lot of blame game back and forth between republican and democrats but perhaps most importantly a white house meeting tomorrow with all of the key players face to face with the president. harris? >> they are talking. now, if we could just get them to talk to each other. the president and senate already returned and now we know house lawmakers due you to come back on sunday. >> there was a quarterback between the house gop leadership and ran
on the mileage stickers on cars. it improves our energy efficiency. that's a good thing. that is spurring growth. but the kind of reforms we have on wall street have not solved the problem. look at what happened last week's at usb, not only wild and irresponsible behavior, but then we have attorney general holder determining that he general holderubs the fullest -- attorney general holders a betty cannot prosecute ubs because he is afraid ubs is too big to shut down and would destroy financial markets. i thought dodd-frank was supposed to fix that. what was so disconcerting was the democrats did not join senator grassley in their u.n outcry about that protect the integrity of financial markets. it is something that should be bipartisan. but it is not, apparently. that is an example of regulation cannot afford. not all it is it is expensive, it's keeping people from getting loans, and it is impeding economic growth, which we need to pay for that column i talked about. host: on twitter -- guest: it is not. it is something people gravitate to because they use a rhetorical device to say there's a wa
the night. the first moves into pennsylvania and weakened and then transfer energy to a system that is going to roll up the coast but that happens too late for this to be a major snowmaker for most of us here. a wide swath of snow from the storm from west virginia into new england. as far as accumulations are concerned one to three inches from columbus and then into pittsburgh and new york city picking up a quick one to three inches through the afternoon when the snow arrives but then boston is where things get interesting as the storm rapidly strengthens off the coast. snow will intensify as we get through the day and then especially the coasts of new england, cape cod into boston we could pick up snow in the 3-6-inch range and then the storm continues to strengthen and drags in north and west temperatures only going to fall. as far as the temperatures right now quite cold across the midwest and thorn plains and we are at 18 currently minneapolis. for tomorrow here. and winter is certainly here and here to stay. that cold air will continue to filter in as we track on past new year's day and
for in 2013. harris: there are three you said. what are they? >> housing, energy and huge amount, trillions of dollars sitting on the sidelines by corporate america, waiting to come into the economy once this picture clears up. harris: we're getting housing numbers coming this week already. we're starting to see prices rose a little bit this fall. that is a good sign. we're seeing housing starts have come up as well. so i understand that. energy. >> energy is a game-changer, it really is. we look what is going on around the world. the europeans, far east, they're paying over $17 a btu for natural gas. we get it for $3 in this country. dow chemical just proposed building the largest chemical plant it has in the world here in this country because of the competitive advantage of natural gas. imagine if we could liquify, ship it to europe, ship it to the far east. not only would we have a huge impact on trade balance but actually help the economies out too. game-changer. harris: you mentioned cash on the sidelines. where is that coming from? >> corporate america and consumers, and we saw it thi
ffom the pits of the cme. sandra: this from a late government report on energy supplies. normally we get a crude oil report on wednesday but because of the christmas holiday we got it today and we are a few minutes from the close of the trading session for crude oil. it has been quite a week. the second straight day of losses but still hanging on to the $90 market. this crude-oil inventories key, showing the size of crude oil setting a nine month high, that would be good for gasoline prices to go lower. this isn't always a good sign about the economy. in the face of the fiscal cliff there is concern about what will happen with taxes and american consumers income in the new year. they're backing off of energy consumption. that is leading to lower prices. for the trading, overall volume is half of its 100 a average. we're seeing light participation in those markets and as of today crude down 8%. we are watching natural-gas prices as whether roles throughout the country. folks are using more natural gas pushing prices up, contrary to crude-oil prices going down, the energy report is dai
about the veg tannels and be smarter and have more energy. >> i find myself doing it with the milk. you are talking about the calcium and the teeth . i participate and thrameeps parents also -- respiratory >> it is not involved and not eating fruits and vegetables. >> and exercise is so important. you say to add to the daily routine. you talk about tech gifts . you got to get outside and run around. >> tike bite-sized pieces of the you can't expect a parent to go home and exercise with my child for an hour. you take five or 10 minutes and walk the dog and getting outside in the cold weather is a beautiful thing. people tend to stay inside. get outside and walk the dog and play with the ball or inside, do sit am've ups and push ups with the children. it is not unreasonable. it is mommy me time and daddy time with the kids. >> i saw a couple of jumping jacks . improve their emotional health. >> parents need to be better displinarians. it is children that are not disciplined properly . parents . to be their children's friends. you want to be their parents and you have to stop and give guid
. that was a near miss. something about labor disnews is the port. >> we try to move more energy outside of the u.s. to asia in particular, getting those contracts in place will be more important. but that is a ten year timeframe. >>> not-so-good news for nokia, a month after the launching in the u.s., cell phones are offered at steep discounts or free on u.s. carriers or amazon. nokia is betting heavily on that phone which runs microsoft's windows 8 system. it launched in november with at&t for $99. another version of the phone also available force 99 at verizon. some discussion, dennis, this is just how things work. >> i don't think that's how things work. if you buy an iphone 4s. this is not the most current model, iphone 4s, had verizon, tough pay $99. that is the outdated model. i encourage -- i don't know if people can tweet to the show, i would love to see photos of people actually using the nokia lumia. >> even for free, you mean? >> free or charged. >> would they use it for free? >> don't believe it is being used. >> on the subway, i count who's doing what. i've seen -- >> being very par
you. host: joshua gordon, what in the year energy issues are we looking at? -- >> end of the year energy issues are we looking at? guest: i am not aware of any major ones for the fiscal cliff. going down the road, and you definitely have some issues. there is the need for a new highway bill. they have had trouble passing highly legislation because no one is willing to increase the gas tax. our gas taxes are the main way we pay for the new roads and bridges and that kind of thing. i think it is a relatively short-term problem. long term, we're going to need revenue to solve our future fiscal burden. one of the most sensible places to raise revenue would be through a carbon tax or something similar. that can also help to reorient our energy priorities to cleaner types of energy. host: i want to note that you can go to the c-span fiscal cliff website to get the latest information. you should be checking back over the next 48 hours as things develop. guest: 8 the deadline this afternoon. the senate has set a self- imposed deadline for 3:00. host: is that senator reid's plan b? guest:
have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. >>> this morning, my question -- what is next for american labor? and a letter to north carolina's outgoing governor, and plus mhp foot soldiers joining us here in nerdland and what is it going to be, deal or no deal? good morning, i'm melissa harris-perry, and let's start with howie mandel. yes, howie mandel. there is a lot we can learn from him. when you think of howie, you may think of the standup xhecomedia with a surgical glove on his head and he has survived and thrived in the brutal world of entertainment, but this is the howie mandel i'm interested in today. >> deal or no deal. >> you see, it turns out that the howie of deal or no deal might have something to teach us about our no deal congress. yes sh yes, nerdland, this is where game theory meets game show theory. this week, i
about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> fiscal cliffhanger. a white house meeting as we head into the last weekend before the big deadline. >> wanted in new york. police say the woman seen running away there on the right pushed a man to his death in front of a moving subway train. >>> a baseball cap controversy. the braves new retroloe logo raising a few eyebrows. >>> your take-home pay on the line when the president and congressional leaders meet at the white house this afternoon for an 11th hour fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice presiden
away from energy and industrials. >> talking of counting down. 15 minutes to go before the closing bell. the dow is down by 17 point but, you know, we're not really moving much at all. >> have you heard of euclid? that's what weather forecasters have named this monster storm hitting the east coast right now. our friends at the weather channel will show you the latest storm track coming up. >> and plus, how will euclid impact wall street? find out what the traders are daying next, first in business worldwide. >>> it is cold and it is ugly and it is snowing outside right now, and it is pretty much that way for most of the northeast thanks to this winter storm that's dumping snow on much of the east coast. the weather channel's danielle banks has more. >> hi there. maybe you were dealing with family drama and today we're dealing with weather drama so no holiday would be complete without some drama and still lot of that going on for locations with tornado watches through 5:00. the storms have definitely made significant progress since yesterday. so we're backing things up for you about 24 h
are financials which are the best performing sector of 2012. taking a turn south in today's session. energy and materials actually also joining the fray among the leading laggers within the sectors that we followed. we also wanted to point out jcpenney. it was an outlier and today it reverses. it's having its worst day in six weeks, i believe. the reason being there was an article in the wall street journal saying it's a do or die year for jcpenney. >> wow. that was an intraday chart. normally they fall and then they hold. this thing looks like a ski slope. getting worse and worse as the session goes on. >> yes. >> thank you, mary. >>> in terms of percentage declines, the nasdaq is the biggest winner or loser. seema mody, following the winners. >> seems like investors are following the developments or lack of developments out of washington. that's what's weighing on the nasdaq. we're down about a percent. large cap tech. google down a percent. apple down a similar amount. two headlines to watch on shares of apple, holiday retail survey shows customer satisfaction with apple's online stores
. natural gas, energy exploration in this country is turning into a big tailwind. how much do you dismiss those, if at all? >> i think they're all great stories. second half 2013 could be excellent and growth could really accelerate. all the things you mentioned are important. i would also allow the fact that household debt to income is going to fall back by the end, we think of next year, back to the long-term equilibrium level. the health sector is healthy. raised a lot of capital. europe has stabilized. but the problem is the politics. it's hard to quantify the politics. and we've seen business confidence also move lower. so it's really all about washington. if we get some clarity on the fiscal side, i think growth next year could be much better than what we're looking at at the moment. >> that is a big if. joe, have a great new year's. see you in 2013. >> same to you, carl. >> the markets are set to open lower. the nasdaq closing in negative territory for the last five sessions. the major indices are still on track to end with gains. having the best year in 2010. the s&p 500 up more t
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. what's going to happen with this system is the main low is going to transfer its energy to the coast and that is going to become the primary storm that's going to rise up the eastern seaboard and probably pretty significant places below. but even the major i-95 cities like new york, philly and boston will see significant snow from this. >> what happens here? how much worse is it here than in the rest of the country? >> well, you know, this storm was fairly weak before nowhere near as strong as the last one was. this is finally getting its act together. >> get our shovels and boots out? that's the idea? >> yeah. and as far as the snowfall totals we're expecting to see, probably the major cities could get in on the action. that's how different it was from the last system. so new york city three, four, five inches of snow not out of the question. upstate new york especially where it's a little colder, but as we head toward southeastern new england, that's where the real bull's eye could be. some places could pick up a foot of snow. that's going to cause travel he
that the department of energy or the department of education and the number of employees they have. we do not need all that. they can cut the number of employees in half and we would have real savings. nobody will address these issues. i'll hang up. guest: when you have a budget in washington, it is hard to cut back politically. if you do, people say you are against the were the goal. this worthy goal, that worthy goal. there was a british historian in the 1950's. after world war i, britain had the largest navy in the world and they reduced the size of the navy. the laid-off sailors and dock workers. the agency running the navy was getting bigger as the navy was getting smaller. he made the discovery -- the size of a bureaucracy has nothing to do with the amount of work the bureaucracy does. it will grow unless it is reined in. the bureaucracy was getting bigger. if you get that kind of bloat, get in trouble and you change or go out of business. ronald reagan said the closest thing to immortality is a government agency. caller: good morning, everybody. do you think capitalism and privatizing is withdr
because we've got -- look what we've got on the agenda. we have guns, immigration, we've got energy, infrastructure, we've got education. >> it's a big list. >> it's time this government acts together, and if we can't get together on this, we are in trouble all the way. >> all right. my governors, thanks very much and have a really happy new year. >> thanks, karen. >>> coming up, it's not just the fiscal cliff. the president has a lot to do and not a lot of time to do it. stay with us. >> the president goes off 18 hours on the golf course, 20 hours in the air. how do you view this politically? >> he's been using this, and i must say with great skill and ruthless skill and success to fracture and basically shatter the republican opposition. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the g
no signs of her energy lagging as secretary of state, and that's a pretty tough job, too. i'm not saying it's as vicious as running for president, but i didn't see her slowing down, and i think she will run. >> let me ask you about the ideology. where do you think she stands politically? would you put her where i put her on foreign policy to the right of obama? rana? >> i would. >> and safer politically for an election in a general election given the fact people normally want to switch parties every eight years. you don't want to run as a xerox of obama. your thoughts. >> i do think she's to the right on foreign policy. i think what's going to be really interesting is seeing where she is economically. she's been very savvy about using economic statecraft to advance foreign policy goals for the u.s. it will be interesting to see what she brings to the economic debate because i think that's still going to be a debate in the next election. jobs. how to grow, how to get the country back on track. it will be really interesting to see where it comes off. >> i have you as a feminist, everybody is
's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> for me personally, it is important for me to go ahead and affirm that i think same-sex couples should be able to get married. >> 2012 was a pivotal year for president obama and the last campaign of his political career made for plenty of memorable moments. joining me for a look back at the presidential highs and lows of 2012, usa today's david jackson. good afternoon, rather, how are you? >> good afternoon, luke, thanks for having me. >> so what do you say are some of the biggest moments of the year? i would say supporting same-sex marriage w
? there's not really going to be any time or energy to do anything else? >> you're absolutely right. you have imagrees reform, gun issues out there. the problem is we are starting to look like an ungovernable country. we're starting to look like a country where one of our two chambers of the legislature literally has ceased to tucks. that is what's dangerous to the bond markets, what's dangerous to us long term. hopefully they will figure out how embarrassing this is for the country and how bad it is for bond markets and get it together. >> leigh, you work at "fortune" magazine. i have heard a lot in the last several weeks about how the ceos were going to step up. they signed their letters, made their statements, and then we were supposed to follow through and twist some arms to get the deal done and to make sure people understood there were real world consequences to this kind of debate. where are those ceos now? >> well, it's funny. we don't exactly know, but i mean, you know, the president and the white house made a decided effort to really court wall street this time around instead o
to recover. we do see an energy boom, as well, but you know i spoke with robert rubin, as well and i think he summed it up by saying this really was a missed opportunity that we're seeing right here for some sort of grand bargain for a big deal to address the debt limit here and so far we haven't been doing that. >> and, bianna, i would not count on these guys finally getting their act together in any significant way even if we get a mini deal. thank you very much, both of you. bianna and leigh, thank you for joining us here on "this week." >>> finally your voice this week. today's question comes from crisp ty miller jones who says "my 16-year-old has a twitter account with 34,000 plus followers. where do you see journalism heading in 15 years? what advice to the next generation of journalists would you give? well, thank you for that question, christy. i would say regardless of what form americans will get their news in the next 15 or 20 years my advice to the next generation of journalists remember the basics, know your history, try to get your facts straight, always strive to be fair and do
throughout today and tonight. let's break it down. you see the low sliding off the coast. getting energy if the west. it becomes intense and stays to the south of new england. now with that flow, we're getting the winds coming from the north, picking up the moisture from the atlantic. that's why eastern massachusetts, if you can see the brighter white here, indicates a little bit more intense snowfall. it is still something we're monitoring because the as the low slides east or west, that would impacts how much rain versus how much snow you get in new england. whether you're in new england or not, you'll face some travel troubles today. we have airport delays forecast for the northeast, the mid-atlantic, the midwest. and even down here in the south, we had delays in charlotte this morning. and on the west coast, we could see delays, low clouds and rain even in los angeles. busy travel weekend. lots of weather coast to coast that will impact millions of people. >> no escaping it, huh? >> no. >> thanks. >>> tax hikes, spending cuts, and the u.s. economy caught right in the middle. we can o
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dealing with energy? and by the way, let's remember, second terms, domestically, they don't last four years. you've got about a year, maybe a little bit more, before that midterm election, when you can get something done through congress. so if this is -- and by the way, the bitterness that is setting in in the personal relationships between the president and mitch mcconnell, the president and speaker boehner, i think, make it that much worse. >> oh, man, peter alexander -- >> buzz kill. >> yeah. that's reality, as chuck todd just described it, it's also very depressing. so let me ask you, within the white house, you've got a group of people who have been with the president for four years, four exhausting years. those jobs are exhausting. is there going to be any turnover, "a," in the white house staff as we approach these new negotiations on the same old problem? and "b," the level of exhaustion, frustration and anger within the white house toward the congress, as chuck todd just alluded to? >> reporter: well, we certainly know that the cabinet is going to change with the announcemen
. some rain is trying to get its act together, especially in the north so far i think the rain energy is back behind us t. is the cloud rain forecast. sometimes the models don't handle these systems very well but we're okay and by this evening we'll start to cloud up, there it is some of the rain starting to spin up late tonight into early saturday. heading into tahoe which is mainly cloud. clouded up today and sunday. it will be warmer due to the cloud cover but not much. but monday clear and mostly sunny, but lows back near 0 like today. rain along the coast to the north but not until later on. upper 50s, low 50s so it's a chilly morning out there. no doubt about it. bundle up, we won't be very warm today. clouds will continue to be with us into saturday and some of the rain should be out of here saturday morning. cold and breezy on sunday. a fast moving system maybe on monday, but then mostly sunny and rather brisk on tuesday. >> all right. 7:39, a rare tornado touchdown in watsonville during last weekend's storm. the national weather service confirmed that the twister formed over
up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> breaking news tonight, one of the greatest voices of her generation, whitney houston, has died. february 11th, 2012, a tragic end for an iconic singer. whitney houston, who battled with drugs and alcohol for decades, was found dead in a los angeles hotel bathroom. her death was ruled an accide
plunge. >> juliet: yeah. ♪ and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. that's the sound of car insurance compani these days. here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's what they've always done. not just something they cheap about. that's insurance for the modern world. esurance. now backed by allstate. click or call. esurance. now backed by allstate. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attac
this energy up to the east. you'll be watching for heavy snow in the burlington area. many people might be vacationing and enjoying some skiing at this time in vermont so that's good news. but temperature plummetted in the south. it's only 32 in charlotte and 27 in memphis. so ali, unseasonably cold here in the southeast. this is more like what you'd be experiencing in new york than we would here in atlanta. >> just above freezing in atlanta and in alabama freezing and lower. bonnie, we'll check in with you through the course of the morning. this dangerous storm and it's devastating winds have several states in the south picking up pieces this morning in the cold after getting torn up by tornados. look at this incredible surveillance video from cameras at a walgreens drugstore in mobile, alabama. vehicles getting tossed around like match boxes in the parking lot. >> i've never been in a war zone but i'm sure this is what it's looks like. here's a bunch of tin, a bunch of stuff lifted off the buildings in our parking lot. >> tornados also ripped up parts of pearl river county, mississipp
to be gone, we need the government to create the next energy industry. we will spend all this money on these renewable things. it will be great. we know how to do it, we have experts. then a disruptive market driven technology comes along that generates $2 natural gas makes all that stuff or basically puts it into the future and the money just went down the drain. a case study the way dwogovernm planning and infrastructure spending, you will get 10 cents of every dollar you spend, basically. that should be in a future book, shouldn't it, to show you the way? we have to learn it again and again. >> it should. as your kids get older and my kids are at that age, it should. as a you start to see some of the school's syllabus for business classes and marketing classes, what you will learn, joe, making a profit is the last thing any of these classes want to teach. >> it's a dirty business. >> there was a time 4 or 500 years ago a middleman marked something up, that was supposed to be a bad thing. supposed to have a zero-sum game between buyer and serier and i thought we all learned about
will be performing that live tonight. the energy and the warmth that starts coming from those performance, people will be fine. >> the theme is let there be peace? >> waterford is one of our partners and let there be peace, crystals are decorated throughout our 11,000 plus pound new year's eve ball. it's a big theme for us this year. >> you started prepping for this new year's eve last new year's eve. >> tomorrow we will start prepping for next year's show. we'll be wrapping up the next few days for next year's show. we're happy it's dry. >> could you imagine if it wasn't dry tonight? what would be the biggest obstacle, in your opinion, in the prep? >> the weather. couple years ago, december 26, the day after christmas is the day we start building all the staging and everything outside. we had a blizzard two years ago. last year was pretty warm. this year we got a scare on the 26th. weather is always the challenge. it's an outdoor venue, but we're ready to go. >> i saw some guys, they were 20. so they're not even of age, from south africa. they were coming without a hotel room and they had their
, and it is a lot of fun. such great energy. people come from all over the world. >> meantime, i'm carl quintanilla along with erica hill. lester has the morning off. >>> coming up this morning, we'll look at 25 years of "weekend today." >> we celebrated that silver anniversary this year. we'll share the big stories from that quarter century and hear from some of the people you've shared your weekends with over that time. >>> plus, ever wonder what happens to those christmas presents that you take back to the store? most aren't just put back on the shelf. we're going to show you one place where holiday returns are big business. >>> plus, a little later, love and romance on ice. we're going to take you to the iconic new york location just outside our studios where many men pop the question. that may look familiar to you. >> kind of gives it away. >> a little bit. >>> and we'll begin this half-hour, though, with a love story 25 years in the making. it all started when a sixth grade boy wrote a letter to a classmate who was then the apple of his eye. little did he know where the romantic road would le
consequence. she's apparently to be head of a energy company that wants favors from epa or princeton. it's more important. we got legal proceedings to stop this massive economic dislocation. hopefully these candid discussions in the name of a false identity will shed light on that case. >> kelly: chris, we thank you for joining us and discussing this case that you're now pursuing. >> thank you. >> eric: coming up, the two things you'll need to know for new year's. great easy cocktails and a hangover cure you can find in the fridge. >> kelly: let's check in with gregg jarrett for what's coming up at the top of the hour. >> it's not my fridge. president obama set to meet today with house and senate leadership to make one more attempt to avoid going over the cliff. one prominent senator says hey, this meeting feels more like optics than anything real. are we skeptical? we'll have a fair and balanced debate. are dozens of law schools guilty of legal ethics violations? not mine. legal panel is here to weigh in on that in "america's newsroom" [ malennouncer ] it's tt time of year again. time f
's accommodative. energy prices and dependent reducing. look-term we get to the right place. but we've got to get a credible solution that has integrity. the more integrity the solution has, the more it addresses the long-term issues. the more cash will move out of investor portfolios and into markets. >> because looking at across this, as you say, valley, and abroad, there are people like mark fauber that think that assets will be marked down 50% based on what we already owe in terms of commitments to be made and entitlements in this country. so that what we've seen in other parts of the world is already going to happen here, that we can't really change our future. so you could make a -- you could make a decision as a wealth manage her to get defensive, not based on the fiscal cliff but based on the fiscal abyss. >> you could. for individuals, though, you asked the question earlier, andrew, what can you do? it's almost impossible for individual investors to market and be successful. so what do you do in an environment like this? every individual ought to have a plan. they ought to have a place t
politics and legislation. it is not in our genes to put a whole bunch of energy in getting the republican party. we've not learned how to do that yet, i don't think. i like being a democrat for that reason. >> one of the things we hear from long-term members or members who are leaving is the congeniality here has changed. what is your view? >> person-to-person, you know what our elevators are like here. the public probably doesn't but we get squished and it is fun. there's humor and there is a lot of banter and people don't dislike each other, period. but you get off that elevator and it changes. when i first got here, people were -- the thing that surprised me was how polite, how respectful everybody was to everybody no matter what party you were, no matter what the issue was. it was very respectful. so you could carry on real conversations that over the years it has gotten -- it is just not. that's been a huge disappointment. >> our research shows that you are spoken on the floor, given 400-plus speeches. >> almost 450. >> in the house of representatives, why do you use that platform an
: this follow-up -- if you are poor, you'd have to spend a lot of energy to get enough to beat. john, connecticut. good morning. caller: good morning. i was calling to mention low- quality food and the cost of health care, but you covered well. do you think it would be more beneficial if they start doing a local farming program where they could start growing vegetables? maybe have some land with tiles and chickens, and local people could work on the farming areas and return the food to the communities as opposed to being so reliant on high-salt diets, the foods we would coin as having a long shelf life, leaving it on the shelf for six months without going bad? has the government been able to look into those programs, considering the finances involved in the program as a whole? host: thank you. a related topic -- the availability of this fresh produce is a big distraction for many. guest: there are some programs that speak directly to the point, one our farms-to-school programs, directed to help know where food is coming from and getting fresher food into the schools. in addition, we
was an engineer with a passion to try a lot of new stuff and i have a lot of energy. i hired people because i could not do myself what i wanted to do, and so i had employees. and i respected the work that they did because i gave them good salaries and the very best dental and health insurance, better than lockheed. and i never thought that i was there to grow a business or to make a profit. in fact, the number one thing -- and i always said that even to those who held stock in my company -- the number one thing, the biggest priority for my employees was to have fun. i enjoyed the accomplishment of breakthroughs and the fun of a first applied. and everyone who worked for me deserved to have that enjoyment. the second priority was the families of the employees have fun. that is why we provided good salaries and good health care and so on. the third priority, no cutting to make a profit. it is tough to say that to a stockholder or a board member. but every company i have ever seen go bankrupt, they started having fun -- they stop having fun before that. when people have fun, they will work like.
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